What will the extra lucky winner do with their $930 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 ...

What will the extra lucky winner do with their $1 billion Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 ...

The Tribunal observed that Form 67 was available before 143(1) processing, making the denial of FTC unjustified. It set aside the appellate order and directed the AO to grant FTC after ...

The Court held that Form 9A was not applicable to Assessment Year 2015–16 and that the option under Section 11(1) had been validly exercised through Form 10B and the return. The rejection order was ...

The ITAT Pune remanded a charitable trust’s 12A and 80G applications for fresh consideration after noting procedural lapses and granting the trust another opportunity to respond to ...

Though earlier dismissed for non-prosecution, the Tribunal evaluated the substantive grounds relating to bonus disallowance and income inclusion, granting partial ...

In the District of Columbia, you can form a professional LLC and series LLC, in addition to a standard LLC. When you want to ...

The ITAT held that income appearing in Form 26AS cannot be taxed unless actually received when the assessee follows cash accounting. The ruling confirms that 26AS entries alone cannot justify ...

ITAT restored Rs. 20 Cr in unsecured loans, interest, and squared-up loans for fresh verification, noting CIT(A) erred by ...

The ITAT ruled that a Section 148 notice issued by a Jurisdictional AO after 29.03.2022 is invalid because, under the Faceless Reassessment Scheme, only the Faceless Assessing Officer can issue such ...

East Midlands Mayor Claire Ward says a tax on overnight stays could raise "millions of pounds every year" to invest in ...

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...